Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Stockholm, Sweden, February 20, 2006--Pergo this morning reported its financials for the year 2005 and the fourth quarter. The company reported earnings after tax for the year of SEK 166 million (US$21.2M) verses a loss of SEK 196 million (-US$25 M).
Washington, DC, February 17, 2006--The producer price index increased 0.3% in January, while core prices, which exclude food and energy, rose 0.4%, the biggest gain in a year, the Labor Department said Friday.
Ann Arbor, MI, February 17, 2006--Consumer sentiment eased in early February as gasoline prices rose, according to media reports Friday of proprietary research from the University of Michigan.
Washington, DC, February 16, 2006--New construction of U.S. homes soared 14.5% in January to a seasonally adjusted annual rate of 2.276 million, aided by the warmest weather of any January on record.
Waregem, Belgium, February 16, 2006--Beaulieu Canada has decided to start production and sales of laminate and wood flooring, utilizing the Välinge Innovation technology for gluefree installation systems.
Washington, DC, February 14, 2006--The leader of U.S. Senate Democrats said on Monday he would consider backing curbs on some asbestos lawsuits if the chamber would scuttle legislation removing all claims from court and paying victims from a $140 billion
St. Louis, MO, February 14, 2006--Solutia Inc., today filed its plan of reorganization, revealing the winners and losers in a more than two-year bankruptcy case that sets the fate of hundreds of local workers and retirees.
London, England, February 13, 2006--According to a report in the Financial Times, Home Depot Inc., is in talks to buy up to 49 percent of Chinese retail chain Orient Home for more than $200 million.
Dallas, TX, February 13, 2006--U.S. Home Systems said it has signed an agreement with Home Depot that will see the company offer kitchen and bathroom refacing products and installation services to the home improvement giant.
Milan, Italy, February 10, 2006-- The initial public offering of Marazzi Group SpA, the Italian ceramic tile maker, is more than fully subscribed on the retail side, a person familiar with the situation said Friday.